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Business and Economy
Pipeline vandalism: FG may transport crude oil via trucks
The Federal Government has introduced an innovative method for evacuating crude oil, leveraging barges and trucks for transportation from production sites to injection/storage points,...
Food prices won’t drop immediately despite naira appreciation – Economists
Economists have indicated that Nigerians may not see an immediate reduction in commodity prices despite the recent appreciation of the naira against the dollar.Ayo...
CBN Reports Over $1.5 Billion Inflow in Recent Days, Affirming Monetary Policy Success
In a statement released on Friday, the Central Bank of Nigeria (CBN) revealed a significant influx of over $1.5 billion into the Nigerian economy...
JUST IN: National Security Adviser Confirms Escape of Binance Executive from Custody
The Office of the National Security Adviser (ONSA) has officially verified the escape of Nadeem Anjarwalla, a detained executive of Binance, from custody.Anjarwalla, who...
BREAKING: Federal Government Charges Binance with Tax Evasion
In a significant development, the Federal Government has initiated legal proceedings against Binance, a leading cryptocurrency exchange platform, for alleged tax evasion. The charges...
Ramadan: KEDCO Introduces Discount Promo, Assures Customers Of Improved Power Supply
By Jabiru Hassan, Kano.Kano Electricity Distribution Company (KEDCO) has introduced a discount promo of 10% for the duration of the Holy Month...
Breaking: Nigeria’s Inflation Surges to 31.70% in February – NBS
Nigeria's inflation rate climbed to 31.70% in February, up from 29.90% recorded in January 2024, according to the latest CPI and inflation report released...
Undersea cable cuts distorts data connectivity in Nigeria, African countries- NCC
By Joyce Remi-BabayejuThe Nigeria Communication Commission, NCC, has alerted that the current data and fixed telecoms, (voice) distortions experienced in Nigeria, Ghana, Senegal, Cote...
Soaring Energy Costs Strangle Businesses in Nigeria, Leading to a 41.5% YoY Surge in Expenditure
By Milcah TanimuThe escalating costs of energy are squeezing major companies in Nigeria, with expenditures on power generation and utilization reaching...
JUST IN: Bitcoin hits fresh record above $71,000
Bitcoin soared to a new all-time high above $71,000 on Monday, fueled by growing demand for the cryptocurrency and optimism surrounding potential interest rate...
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